William Welstead Limited

William Welstead Ltd from Barnet, UK, is a small, family-run business with an active status, having been founded 26 years ago in 1998. The company employs just three people and holds £878,905 in assets. Despite having three directors and two owners, the registered address is a virtual one, shared by 199 other companies. It operates an e-commerce site and regularly imports and exports jewelry, precious stones, and metals – 91 months of imports and 41 months of exports recorded.

The company’s website, William Welstead, showcases handmade jewelry, with a focus on rings, earrings, necklaces, and bracelets. It also features a collaboration with Jake Chapman, suggesting a blend of traditional craftsmanship and contemporary design. The site highlights a range of payment options and international shipping, catering to a global customer base.

Financially, William Welstead Ltd presents a mixed picture. While current assets increased by 13% to £880,000, net assets only grew slightly by 2.3% to £400,000. Bank borrowings decreased by 22%, and cash reserves fell by 20% to £61,000. Creditors decreased by 24%, which could indicate improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in cash reserves should be monitored. No auditor is mentioned, likely due to the company’s small size and exemption from an audit. The company is using IRIS Accounts Production software.

Registered in England/Wales under the registration number 03569222, with a registered address at EN5 5BY, United Kingdom, Barnet, Hertfordshire, 42 Lytton Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.